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NIIT Tech zooms 8.1%; Introducess insurance software ‘Navigator

Insurance Comparison

NIIT Technologies zoomed 8.1% to Rs. 453.50 on the BSE. The firm declared the successful execution of its next generation policy and claims administration display place-Navigator at Sompo Japan Canopius Reinsurance AG (SCRe), Sompo Canopius’ reinsurance subsidiary.

The scrip opened at Rs. 423 and has reached a high and low of Rs. 457.5 and Rs. 422.1 correspondingly. So far 306354(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2565.86 crore.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 632 on 18-Nov- 2015 and a 52 week low of Rs. 335 on 26-Mar-2015.In the last week, high and low of the scrip.

stood at Rs. 497.2 and Rs. 409 respectively. The promoters holding in the company stood at 30.83 % while Institutions and Non-Institutions held 57.24 % and 11.93 % respectively.

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